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The founder of Cardano, Charles Hoskinson, has confirmed on Twitter that he is part of an expedition that is searching for a “meteor of interstellar origin” that crashed onto Earth from outer space in 2014.The United States Department of Defense verified the origin of the meteor back in 2019, and…
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Investment Thesis Arista Networks (NYSE:ANET) has been building a leading position in the data centre equipment space for over a decade. It has become a key supplier of ethernet switches and routing equipment to large internet companies, data centres, and corporate campuses and has been successfully riding the wave as…
BlackRock and JPMorgan Chase are helping the Ukrainian government set up a reconstruction bank to steer public seed capital into rebuilding projects that can attract hundreds of billions of dollars in private investment.The Ukraine Development Fund remains in the planning stages and is not expected to fully launch until the…
A growing number of states are considering or have passed measures this legislative term to ban “foreign adversaries” and foreign entities – specifically China – from buying farmland. Proponents of the laws, mostly Republicans but some Democrats as well, have frequently cited concerns about food security and the need to…
How U.S. financial markets have performed in the past 15 months as Fed rate hikes fueled wild swings
It’s been a roller-coaster ride for U.S. financial markets the past 15 months, after the Federal Reserve started its most aggressive monetary tightening campaign in four decades to tame inflation. After 10 consecutive interest-rate hikes which took the benchmark fed-funds rate from near zero to a range of 5% to…
News that the Beatles are using AI to include John Lennon’s voice on a new song marks the latest, and somewhat surprising, chapter, in the technology’s often controversial evolution. The prospect of the tech-fueled new release more than half a century after the Beatles split has divided fans of the…
The smoke is finally clearing in New York City, but it got many people thinking about how they will protect themselves from polluted air in the future. Air purifiers can help, but most people need to leave their homes at some point, and they’re looking for technology they can take…
Persistent inflation is likely to keep U.S. interest rates high through 2023 and leave the U.S. susceptible to recession, financial-industry economists say. “The inflation picture is very complicated,” said Lindsey Piegza, chief economist of the brokerage Stifel. She is also chairwoman of the economic roundtable at the Securities Industry and…